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Mauritius remained the top source of foreign direct investment into India in 2017-18 followed by Singapore, whereas total FDI stood at $37.36 billion in the financial year, a marginal rise over the $36.31 billion recorded in the previous fiscal, according to RBI data.
While FDI from Mauritius totalled $13.41 billion against $13.38 billion in the previous year, inflows from Singapore rose to $9.27 billion from $6.52 billion. FDI from Netherlands declined marginally to $2.67 billion against $3.23 billion in the year-ago period.
The provisional data for the financial year ended March revealed that foreign direct investment (FDI) into the manufacturing sector witnessed a substantial decline to $7.06 billion against $11.97 billion in the year-ago period.
However, FDI into communication services rose to $8.8 billion in 2017-18 compared to $5.8 billion.
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